Monday, Oct 08, 07:31 GMT
EUROPEAN Trading Newsletter
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1st FXStreet.com International Conference – Oct. 25−27th
Oct 3, 15:51 GMTThe FXstreet.com 1st International Traders Conference (ITC) offers a unique environment to meet renowned experts within the Forex industry in the gorgeous city of Barcelona by FXstreet.com
One of the key aspects of the event will be the opportunity to TRADE LIVE side−by−side with experts! The ITC is a based on a very interactive model and will offer attendees the unique opportunity of a direct contact with the speakers. LAST CALL OFFER: 210 euros!
Live Sessions Schedule
Weekly Webinar: 1st on Forex − The Week Ahead
Expert: Jerry Furst
Start: Mon, Oct 8, 11:00 GMT
Sponsored by: 
Type of Session: Webinar
Derek Frey's Outlook
Expert: Derek Frey
Start: Mon, Oct 8, 14:00 GMT
Sponsored by: 
Type of Session: Webinar
| Sponsored by | ||||
| Mon, Oct 8, 11:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN | |
| Mon, Oct 8, 12:00 GMT | US Pre−Market Open  | Ed Ponsi | WBN |  |
| Mon, Oct 8, 13:00 GMT | FX Instructor Live Trading Room | Nader Moustafa | WBN |  |
| Mon, Oct 8, 13:30 GMT | US Session Open | Ed Ponsi | WBN | |
Current Session: Europe
EUR/USD
Daily Technical Analysis − EUR: Friday's dramatic ‘hanging man'/'spike low' suggests an interim low has been found by Mizuho Corporate Bank
Friday's dramatic ‘hanging man'/'spike low' suggests an interim low has been found and we are likely to push cautiously higher this week. We probably will not move to a new all−time high just yet, but are likely to do so later this month.
- Know what's behind the Markets at Tony Juste's blog
- New Webinars Video − Access now Educational Sessions Recordings
- Check out how pairs moved: Live Currency Rates & Charts
- Follow up the most relevant Economic Data in the new Real Time Economic Calendar
- Be up to date with the Latest Forex News
Other Topics for this Session:
Forex Technical Analysis − EUR/USD:(1.4137) Correction off 1.4283 puts pair below channel off 1.3550 by KBC Bank
Preview Strategies for − Preview Strategies for EUROPEAN SESSION by AKforex
Daily Recommended Trades − EUR/USD daily outlook by E−Forex
Currencies at a Glance
- EUR/USD
- Trades above pivot level 1.4107
10/08/2007 07:03 GMT - GBP/USD
- Back around opening price level 2.0415 , above pivot level 2.0388
10/08/2007 07:03 GMT - USD/CHF
- Moves up above pivot level 1.1793
10/08/2007 07:04 GMT - USD/JPY
- Stays above opening price level 116.96 , above pivot level 116.86
10/08/2007 07:04 GMT
Analyst Sentiment Index (ASI)
Analysts Sentiment Index - EUR/USD
**Source : ActionForex.com, CMS Forex, Danske Bank A/S, FXstreet.com, Global Forex Trading, Mizuho Corporate Bank
[ View ASI page ] [ View EUR/USD page ]
Charting the Market Movers
USD JPY, Hourly
GBP USD, Hourly
Top Market Movers Preview
UK INDUSTRIAL PRODUCTION
| Date (GMT) | Event | Cons. | Previous | |
| Oct 8 | 08:30 | Industrial Production (MoM) | 0.3% | -0.1% |
| Oct 8 | 08:30 | Industrial Production (YoY) | 0.9% | 0.9% |
Friday Notes - Secular USD downward trend to continue by HVB Group
After a weak entry in Q3, we expect a rebound in industrial production in August. The manufacturing PMI has, indeed, showed healthy economic activity within the sector. We expect therefore a strong monthly rise of 0.6% m−o−m in manufacturing output in August.
[ Full Story ]Top Market Movers Review
Switzerland UNEMPLOYMENT RATE
| Date (GMT) | Event | Actual | Cons. | Previous | |
| Oct 8 | 05:45 | Unemployment Rate s.a. | 2.6% | 2.7% | 2.7% |
| Oct 8 | 05:45 | Unemployment Rate | 2.5% | 2.5% | 2.6% |
Swiss Sept unemployment 2.5 pct vs 2.6 pct in August (Thomson Financial News)
The Swiss unemployment rate fell to 2.5 pct in September from 2.6 pct in August, and was down from 3.1 pct a year earlier, Switzerland's State Secretariat for Economic Affairs (Seco) said.
[ Full Story ]- Read the Official Data
Economic Events
| Date (GMT) | Country | Event | Actual | Cons. | Previous | |
| Oct 8 | 05:45 | CH | Unemployment Rate | 2.5% | 2.5% | 2.6% |
| 05:45 | CH | Unemployment Rate s.a. | 2.6% | 2.7% | 2.7% | |
| 08:30 | UK | Industrial Production (MoM) | 0.3% | -0.1% | ||
| 08:30 | UK | Industrial Production (YoY) | 0.9% | 0.9% | ||
| 08:30 | UK | Producer Price Index − Input (MoM) | 1.5% | -0.5% | ||
| 08:30 | UK | Producer Price Index − Input (YoY) | 4.3% | 0.6% | ||
| 08:30 | UK | Producer Price Index − Output (MoM) | 0.2% | 0.1% | ||
| 08:30 | UK | Producer Price Index − Output (YoY) | 2.9% | 2.5% | ||
| 10:00 | DE | Factory Orders (MoM) | 2.2% | -7.1% | ||
| 10:00 | DE | Factory Orders (YoY) | 4.5% | 9.8% | ||